Grand Prairie Texas Investment Property

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Grand Prairie Texas Investment Property

Real Estate Agent · Addison, TX · Member since 2017 · 57 posts · 7 votes

ARV: 149k
Cost: 93k
Rehab: 33k for flip

Small Flip or Great Rental! Lows days on market. House needs a bit of everything. Roof looks good enough if you are to keep as a rental. If you were to flip, I would replace the roof. I believe you can get away with $25k for a rental and rent for $1200. If you were flip it, $33k should do it and at $104.34/sqft , which is much lower than the average, you should be able to sell quick. 1222 Clarice is a comp that we sold to my investor and he sold his for 143.5k and its 300sqft smaller than us.

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